Short excerpt from a YouTube video ("Critical Illness Cover vs Income Protection") in which a participant asks whether critical illness cover is useful compared with income protection. Ndubuisi 'Andy' Egwim declines to give personalised advice, recommends speaking to an independent insurance advisor, and states that critical illness cover mostly covers three conditions: heart attack, stroke, and cancer.
I was asking about critical illness cover. I know income protection is probably long term benefits, but I have critical illness cover. Is this useful? Should I consider changing this this plan to something more long term like income protection?
Okay, that's very useful. I don't know, does anyone have a question as well around that area so I can just deal with it? Income protection versus critical illness. Well, I can't tell you specifically what to do. I can tell you what I did. What I would obviously recommend would be to speak to an independent insurance advisor. But critical illness covers mostly just three things. Heart attack, stroke, cancer.
